Penny and SLY: Difference between pages

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imported>Doug Williamson
(Update 4th definition.)
 
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1.  ''Money - UK.''
The key short-term investment principles and prioritisation of:


One hundredth of a British pound:


= GBP 0.01 
<b>S</b>ecurity


= £0.01
<b>L</b>iquidity and


<b>Y</b>ield


2.  ''Money - dollars - US.''


Informally, one cent, one hundredth of a dollar:
This ordering of the principles and considerations is fundamentally important.


= USD 0.01 


= $0.01
The safety and security of the funds invested are always the first priority.


Yield is the least important of the three considerations.


3.  ''Money.''


The smallest unit of a number of other currencies.


Often, but not always, one hundredth of the next-largest unit.
== See also ==
 
*[[Security]]
 
*[[Liquidity]]
4.  ''Coins.''
*[[Yield]]


A physical coin representing this value.
Plural, ''pennies.''
== See also ==
* [[Coin]]
* [[Dollar]]
* [[GBP]]
* [[Money]]
* [[Pence]]
* [[Penny stock]]
* [[Pound]]
* [[USD]]


[[Category:The_business_context]]
===Other links===
[[Category:Cash_management]]
*[[Media:Risk and return.pdf| The Icelandic banking saga and English local authorities, UK Audit Commission, 2009]]
[[Category:Liquidity_management]]
*[[Media:2015_06_June_-_Safety_first.pdf| Safety first, The Treasurer, 2015]]

Revision as of 19:37, 20 November 2015

The key short-term investment principles and prioritisation of:


Security

Liquidity and

Yield


This ordering of the principles and considerations is fundamentally important.


The safety and security of the funds invested are always the first priority.

Yield is the least important of the three considerations.


See also


Other links